Articles from www.cnbc.com

Articles from www.cnbc.com

EA expects net bookings of $7B to $7.15B for the FY ending March 31, below guidance of $7.5B to $7.8B, citing underperforming games; stock falls 5%+ after hours (www.cnbc.com)
2025-1-23

Source: Trump had a lengthy conversation with Sam Altman last week about the potential of AI and the need to develop the tech in the US (www.cnbc.com)
2025-1-23 Trump AI

The SEC launches a “Crypto 2.0” task force led by SEC Commissioner Hester Peirce, to create a “comprehensive and clear regulatory framework for crypto assets” (www.cnbc.com)
2025-1-22 Asset

An interview with Jeff Atwood, co-founder of Stack Overflow, which was acquired by Prosus for $1.8B in 2021, on his plans to donate half his net worth and more (www.cnbc.com)
2025-1-20 Interview

TikTok is not available for download in the App Store and Play Store in the US, as the app halts service in the country to comply with the divest-or-ban law (www.cnbc.com)
2025-1-19 Ban

Source: Perplexity AI made a TikTok US bid to ByteDance, proposing a merger that brings video to Perplexity, with ByteDance investors retaining their stakes (www.cnbc.com)
2025-1-19 AI

TikTok says it will go dark in the US on Sunday unless the Biden admin provides a “definitive statement” to critical service providers assuring non-enforcement (www.cnbc.com)
2025-1-18

The US FTC refers a complaint against Snap to the DOJ, alleging Snapchat's My AI chatbot poses “risks and harms to young users”; SNAP closed down 5% (www.cnbc.com)
2025-1-17 AI chatbot Snapchat

Klarna strikes a partnership with Stripe to make its BNPL service available to merchants using Stripe's payment tools in 26 countries, ahead of its US IPO (www.cnbc.com)
2025-1-15 IPO

The UK CMA opens a probe to assess Google's position in search and search ads business and how it impacts consumers, advertisers, publishers, and its rivals (www.cnbc.com)
2025-1-14 Google

IAC board approves the spinoff of home improvement marketplace Angi; IAC has previously spun off companies like Expedia, Ticketmaster, and LendingTree (www.cnbc.com)
2025-1-14

The SEC says that two Robinhood broker-dealers agreed to pay $45M in combined penalties to settle charges that they violated over 10 securities law provisions (www.cnbc.com)
2025-1-14

Sources: Mark Zuckerberg faces less friction in making broad policy changes after Meta's layoffs in 2022 and 2023, which hit much of its civic integrity teams (www.cnbc.com)
2025-1-12 Layoffs Zuckerberg

On Joe Rogan's podcast, Zuckerberg said the Biden administration pushed Meta “super hard” to take down vaccine content, called EU fines a tariff on the US, more (www.cnbc.com)
2025-1-11 Zuckerberg

Memo: Amazon halts some of its DEI programs, saying it is “winding down outdated programs and materials” as part of a broader review of hundreds of initiatives (www.cnbc.com)
2025-1-11 Amazon

Amazon plans to end Prime Try Before You Buy on January 31; the Stitch Fix competitor let Prime users try on clothes and only pay for items they wanted to keep (www.cnbc.com)
2025-1-11 Amazon

Sources: Venu's cancellation came after the companies decided it was better to avoid the risk of an extended lawsuit that could jeopardize bundling in general (www.cnbc.com)
2025-1-11

Ubisoft says it is appointing advisers to review and pursue strategic options after an October 2024 report said its majority backers were considering a buyout (www.cnbc.com)
2025-1-10

Google donates $1M to Trump's inauguration, says the donation, a YouTube livestream, and a home page link to the event are in line with previous inaugurations (www.cnbc.com)
2025-1-10 Trump Google YouTube

Amazon launches Amazon Retail Ad Service to let companies show ads in search results, product pages, and other areas of their site, initially in the US (www.cnbc.com)
2025-1-10 Amazon Retail

Disney says it has an estimated 157M global MAUs for ad-supported content across its streaming platforms, including 112M users in the US (www.cnbc.com)
2025-1-10

Sam Altman, in a statement with his family, denies the sexual abuse allegations made by his sister in a lawsuit and says she faces “mental health challenges” (www.cnbc.com)
2025-1-8

Fubo is expected to become immediately cash flow positive after its deal with Disney closes in 12 to 18 months; Fubo stock jumped 253.85% on Monday (www.cnbc.com)
2025-1-7

Comcast plans to launch Universal Ads, to simplify ad buying and win over SMB advertisers from Big Tech, in Q1 2025, and signs deals with NBCU and others (www.cnbc.com)
2025-1-7

Microsoft says it expects to spend $80B in FY 2025 on the construction of data centers that can handle AI workloads, with 50%+ of the spending in the US (www.cnbc.com)
2025-1-4 Microsoft AI

Short seller Hindenburg shorts Carvana claiming the company's turnaround is a “mirage” that's being propped up by unstable loans and accounting manipulation (www.cnbc.com)
2025-1-3

In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue (www.cnbc.com)
2025-1-1 Intel AI

Alibaba cuts prices on its visual language model Qwen-VL by up to 85%, after cutting Qwen prices by as much as 97% in May, amid growing AI competition in China (www.cnbc.com)
2025-1-1 China Alibaba AI

How cloud computing, AI, and geopolitics could shape the evolution of ransomware, which could cost victims $265B annually by 2031, as the AIDS Trojan turns 35 (www.cnbc.com)
2024-12-30 AI

A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and navigating product mishaps, layoffs, and more (www.cnbc.com)
2024-12-29 Google AI Layoffs

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